In the field of the education, as in other fields of the national economy, a part of the economical mechanism is the organization of the educational system in general as well as its all other parts. It is realized through the creation and the functioning of the educational system of different...

On the basis of these exhaustive considerations we ascertain that the control is an attribute of the company’s management, a function of the management and, at the same time, it is an independent activity. As a management function, the control endorses the parameters maximisation that refers...

Expressed in terms of GDP, tax revenues have been steadily decreasing in Greece since 2000. This is happening in a context of demand-driven growth, positive cyclical conditions and revenue-enhancing discretionary policies. It would therefore appear that factors other than growth strength and...

This paper examines the effects of structural changes in financial system on corporate governance and finance in Japan, and discusses the future directions. The primary purpose of the study is twofold: to identify important features of changes in financial system in Japan and their effects on...

This paper examines the effects of structural changes in financial system on corporate governance and finance in Japan, and discusses the future directions. The primary purpose of this study is twofold: to identify important features of changes in financial system in Japan and their effects on...

Megers and aquisitions have become a major factor of corporate life and have been fully researched in the financial and strategic literature. However, despite the increasing interest in this topic, there is not consensus about the causes of merger failure. This paper reviews the literature on...

The transactions and production file are used to create measures of the use of currency and crop inventory as well as changes in real capital assets, livestock, and net indebtedness for three ICRISAT villages in India's semi-arid tropics. These asset data are used with income and consumption...

The purpose of this article is to present a sequential modelization of the following dilemma: should a firm get indebted today or should it keep the option of getting indebted later under better terms? Thus, we shall first define the concept of financial flexibility and then give a modelization...